Cyber Security for Tax Professionals


August 29, 2018


Tanya Baber

  12:00 PM ET | 11:00 AM CT | 09:00 AM PT |260 Minutes


Session I : Cyber Security Rules, Ethics and Your Legal Responsibility to Safeguard Clients’ Information (120 Minutes)

Cybercrime is on a massive rise and tax professionals are faced with a bewildering array of cyber threats today. According to Cybersecurity Ventures, the world’s leading researcher and publisher on cyber security, cybercrime will cost the world $6 trillion annually by 2021.

Phishing, malware, Trojan horses, Ransomware, viruses, the list goes on but you may incorrectly think that all these threats don’t apply to you. This is one of the main reasons why cyber criminals succeed: people falsely think that they are safe. However, ignorance is not bliss, it’s dangerous.

Do you know that as a tax professional, you have a legal responsibility to safeguard your clients’ information? Do you know which is the most common method used by data thieves to gain access to a tax practitioner’s network and steal client information? Imagine the financial devastation and legal ramifications if your firm ignores these threats. What you don’t know about cyber security can really heart you as a tax professional.

If you really want to know about new and evolving cyber threats, cybercrimes and cyber security, this session by cyber security expert Ms. Tanya Baber is definitely for you! You will also learn how cyber security pertains to you and learn about the rules, ethics and legal requirements.

Learning Objectives:

  • Cyber Security Fraud: What CPAs Should Know Webcasts
  • Cyber Security Landscape & Lessons Learned: An Overview
  • Security Framework and Risk Assessment
  • Mobile Computing
  • Cyber Security and Information Security Awareness
  • Cloud Security Considerations - What SMBs Need to Know About Managing Risks
  • EFT and Cyber Security Fraud
  • Cyber Security and Social Engineering
  • You've Been Breached: Now What?

Session Highlights:

  • What is cyber security and how it pertains to you
  • The rules, ethics and legal requirements for safeguarding client information
  • The Top 5 cyber security risks for accountants and tax professionals
  • The new IRS 2FA (Two Factor Authentication) security measures
  • Understand and identify your cyber risks and learn more about what you can do about them

Session II: Cyber Security Risk Assessment, Safeguards, Information Security Plan & Controls  (120 Minutes)

Now as you understand the many cyber security risks that your client data face from hackers and your legal responsibility to safeguard that information, it’s time to get started in performing a proper risk assessment.

In Session II, Tanya Baber will help you identify the areas you should be concerned about and show how to patch those security holes. We will move over to the next steps to cyber security and cover areas such as physical safeguards, personnel security, and computer systems and information security.

Tanya will also provide a checklist to perform a self-assessment of your risks and provide ideas for creating your own WISP (Written Information Security Plan).

Session Highlights:

  • Your cyber “risks” and what you can do about them
  • How to perform a cyber-security risk assessment
  • The best checklist to determine appropriate security controls
  • How to put physical safeguards to protect sensitive information
  • Security controls and protocols for personnel, sensitive information and computer systems
  • The importance of a WISP (Written Information Security Plan) and how to get started

All webinar attendees will be provided handouts which will help them remember and make the most of what they have learnt during the training session. These handouts include security control checklists.

Who Will Benefit:

  • CFO or Controller
  • Accounting Professionals
  • CPAs of small, medium and large firms
  • Enrolled Agents (EAs)
  • Small business owners
  • Nonprofit professionals
  • Bookkeepers
  • Others wishing to learn about cyber security

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